VOL. XLII

No 45

8-November-1999

KUWAIT

PICs $1.5Bn Aromatics Complex Awaits KPC Final Approval

The Kuwait Petroleum Corporation (KPC) has given first-stageapproval to a long-planned aromatics project costing more than $1.5bn to beestablished and run on a joint venture basis by its subsidiary PetrochemicalIndustries Company (PIC). The proposed complex would produce some 600,000tons/year of aromatic compounds paraxylene, benzene and toluene to be usedas feedstock for the manufacture of synthetic...